On February 12, State Power Investment Corporation's Upper Yellow River Hydropower Development Co., Ltd. announced that the consortium of Yellow River and French Power Group New Energy Company won the bid for the fifth round of renewable energy bidding for Saudi Arabia's 1.4GW photovoltaic project, achieving national development reform The Notice of Registration of the Commission's Overseas Investment Project, the project officially entered the implementation stage, marking the completion of the Memorandum of Understanding on Cooperation between China-Saudi and other renewable energy after the Saudi Red Sea Comprehensive Smart Energy Project and Saudi Photovoltaic Third Round Photovoltaic Bidding Project. An important achievement. So far, Yellow River Company has installed stock equity in Saudi renewable energy projects exceeding one million kilowatts, ranking among the forefront of Saudi renewable energy developers.

It is understood that Saudi Arabia's fifth round of photovoltaic bidding MAS and AHK2 projects are one of the key planning projects under Saudi Arabia's "Vision 2030" and the National Renewable Energy Plan (NREP). The winning bids of Yellow River Company are MAS 1,000 MW and AHK2 400 MW respectively Among them, the MAS project is the first project in which Yellow River Company won the bid for a gigawatt-level project and a regional and national market to achieve a transition from following to side-by-side in the fiercely competitive market in the global market.

The MAS project is located in the east of Dharghat Town, Hail Province, Saudi Arabia, and the AHK2 project is located in the southeast of Al Henakiyah Town, Medina Province, Saudi Arabia. It will fully introduce the "Yellow River Plan" in project financing, construction, equipment, technology, operation and maintenance management, etc. , while promoting high-quality joint construction of the "Belt and Road" and strengthening China-Saudi production capacity cooperation, it helps Saudi Arabia achieve diversification and green transformation of its energy structure. After the project is completed, it can produce about 4.4 billion kilowatt-hours of clean electricity every year, providing green and stable clean energy to about 150,000 local households.(This article is from the official website of Seetao.com, www.seetao.com. No reprinting is allowed without permission. Otherwise, legal liability will be pursued. If reprinting, please indicate Seetao.com + the original text link.) Editor of the Strategic Column of Seetao.com / Yin Shiqian